Back 488 Chimney Rock Dr
Off Market

488 Chimney Rock Dr

Carmel IN 46032

3
3
2
2302 sq. ft.
3920 sq. ft.
Condo
Last sold for $537,000
Elizza WilsonElizza Wilson, last sold this property on 03 October 2025 after 14 days on market.

Overview

Welcome to 488 Chimney Rock Drive at The Cottages of Carmel! This condo is an end unit and the first thing you will notice when you enter is all the beautiful light. The very next thing you will be the incredible cathedral ceilings. The open layout offers so much comfortable living space with the primary bedroom suite conveniently located on the main level and a large loft/flex space and 2 additional bedrooms on the second. Enjoy the 3 seasons room in the warmer months and get cozy by fireplace when its cooler. Updates include newer carpeting throughout bedrooms and 2nd level loft (upstairs areas have never been lived in), new dishwasher, tankless water heater, and updated landscaping. This home has been well cared for and is in pristine condition. The Cottages at Carmel are just minutes from the Arts & Design District, Monon Trail, The Palladium, The Carmel Farmers Market, and more. It is set in a low maintenance community that takes care of lawn care, mulch, sprinklers, snow removal, and common grounds. It really is a special place inside and out. You must see this one for yourself!

Features

3 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
2302 sq. ft. floor area
3920 sq. ft. lot size
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Carmel over the last 12 months, the estimated median property value of 488 Chimney Rock Dr is $445k.

Median value
$445k
Estimated value range
$160k - $2.72m
Median days on market
28
Estimated value trend
16%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Carmel. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 488 Chimney Rock Dr

2025
Sold
$537,000
03 Oct 2025 by Elizza Wilson, of @properties
2020
Sold
$380,000
02 Oct 2020
2017
Sold
$379,150
11 Jul 2017

Happy sellers in Carmel

95%
95% of sellers in Carmel reported that their sale price either exceeded or met their price expectations.

Carmel stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in Carmel over the last 12 months.

Local market activity for 3 bedroom condos in Carmel

In the last 12 months, 55 three-bedroom condos similar to 488 Chimney Rock Dr, have been sold.

This represents a 43% decrease in three-bedroom condos sales when compared to the previous 12 months.

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